Tag: economy

Japanese Economy to Grow by 2% on Stimulus-IMF

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday said the Japanese economy is expected to grow to 2.0 percent (2.0%) in 2013, mainly as a result of the new fiscal stimulus and monetary easing feeding through to private consumption and with some lag to investment. This is […]

Policy Steps Toward a Full-Speed Global Economy

By Christine Lagarde Managing Director, International Monetary Fund   Brookings Institution, Washington DC, June 4, 2013   Introduction   Good afternoon. It is always a pleasure to come to Brookings, one of the most influential research institutions in this country. Let me thank the members of the Board and the […]

ECB cuts interest rates, open to further action

The European Central Bank cut interest rates for the first time in 10 months on Thursday and held out the possibility of further policy action to support the recession-hit euro zone economy. Responding to a drop in euro zone inflation well below its target level and rising unemployment, the ECB […]